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    USIBC bats for early conclusion of India-US trade deal
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    Centre to borrow Rs 7.86 lakh cr in Oct-Mar, FY27 borrowing slashed by Rs 1.2 lakh cr
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September 25, 2026
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Interest-free working capital assistance for FCV tobacco growers supports liquidity, institutional loan repayment, crop inputs, and reduced private borrowing.
A one-time, interest-free working-capital loan of Rs. 50,000 per barn is approved for FCV tobacco growers in Andhra Pradesh under the Interest-Free Working Capital Assistance Scheme. Covering about 44,000 growers, the assistance is proposed to be delivered through direct benefit transfer. It is intended to provide liquidity for household requirements, institutional loan repayment and crop inputs, while reducing dependence on private borrowing.
September 25, 2026
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Government securities auction calendar establishes retail bidding access, flexible issuance terms, greenshoe subscriptions, and periodic debt switch operations.
Each auction carries a non-competitive bidding facility, under which five per cent of the notified amount is reserved for specified retail investors. The Government may modify indicated amounts, issuance periods and maturities, and may issue instruments with non-standard maturities, floating-rate bonds or inflation-indexed bonds, having regard to governmental requirements, market conditions and other relevant factors. It may retain additional subscriptions through a greenshoe option and conduct switch or buyback auctions of dated securities.
September 25, 2026
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Market borrowing plan sets dated securities auctions, Treasury Bill issuance, redemption management, and temporary cash-flow support.
Government market borrowing for the second half of FY 2026-27 is to be raised through weekly auctions of dated securities, including Sovereign Green Bonds, across maturities from 3 to 50 years. Debt-management measures include switching and buyback operations to smooth the redemption profile and a greenshoe option for additional subscriptions. Treasury Bills are to be issued through weekly auctions in 91-day, 182-day and 364-day maturities. The Ways and Means Advances limit is fixed to address temporary mismatches in government accounts.
September 25, 2026
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GI-tagged agricultural exports expand farmer access to international markets through FPO-led value chains and higher price realisation.
APEDA facilitated the export of a one-metric-tonne consignment of GI-tagged Gulbarga Tur Dal from Karnataka to the Maldives through an FPO-led brand. Gulbarga Tur Dal has held GI registration since 2019. The export-linked channel provides farmers a realisation of Rs.82 per kg compared with a prevailing market price of Rs.60 per kg, while supporting closer integration of FPOs and farmers into export-oriented supply chains.
September 25, 2026
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Trader welfare policy discussions covered GST reform, digital commerce, finance access, export promotion, and coordinated institutional support.
Deliberations covered GST rationalisation, refund delays, audit duration, amnesty schemes, input tax credit anomalies and pending appeals, alongside proposed inclusion of traders in MSME facilitation committees, a centralised loan portal with a 30-day timeline, CIBIL score reforms and grievance helplines. Trader welfare measures considered timely contractor payments, safeguards against technical penalties, loan-repayment flexibility during lean periods and stronger Centre-State coordination.
September 25, 2026
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Gold smuggling through powdered gold concealed in food products led to seizure and arrests under customs law.
Intelligence-led interception and baggage examination identified foreign-origin gold converted into fine powder and mixed with packaged food products of similar colour, texture and consistency. Segregation and assaying yielded 9.40 kg foreign-origin gold, which was seized under the Customs Act, 1962. Questioning linked the passengers to the same organised gold-smuggling syndicate, and they were arrested under that Act.
September 25, 2026
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Customs seizure of suspected smuggled areca nuts and restricted poppy seeds followed intelligence-led cross-border enforcement operations.
Intelligence-led customs enforcement in Mizoram and Assam resulted in seizure, under the Customs Act, 1962, of suspected foreign-origin areca nuts and poppy seeds believed on preliminary inquiry to have been smuggled from Myanmar. Searches of locked, unattended godowns near the Indo-Myanmar border recovered the commodities, while interception of two trucks carrying poppy seeds without valid import documents led to seizure of the consignments and vehicles. Four persons connected with transportation of the poppy seeds were arrested.
September 25, 2026
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Industrial control system cybersecurity certification validates system-level protection across wind farm controls, networks, and lifecycle security services.
IEC 62443-3-3 Security Level 2 certification applies to a wind farm control system covering SCADA, PPC, PLC and industrial network devices. It assesses system-level security requirements, including the interaction of components, networks and security mechanisms within an overall industrial control environment. The cybersecurity framework also spans secure development, certified core control components, system-level protection, and security integration and maintenance services across the lifecycle of wind energy technologies.
September 25, 2026
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Foreign exchange reserve composition reflects a weekly decline driven by foreign currency assets despite a modest gold increase.
India's foreign exchange reserves declined by USD 14.881 billion to USD 765.901 billion for the week ended 18 September 2026. The contraction was principally driven by a reduction in foreign currency assets, which also reflect valuation effects from movements in non-US reserve currencies. Gold reserves increased, while Special Drawing Rights decreased and the reserve position with the International Monetary Fund remained reported separately.
September 25, 2026
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Five-day banking proposal remains under consideration amid strike plans and measures for uninterrupted banking and advance disbursements.
Five-day banking remains under governmental consideration, with no Finance Ministry commitment to implementation. Unions linked the proposal to the 12th Bipartite Settlement/9th Joint Note, which contemplated extended Monday-to-Friday working hours. Family pension revision and a pension option for resignees were identified as addressed, while withdrawal of the Performance Linked Incentive scheme remains in abeyance. Public sector banks were instructed to remain open on the preceding Sunday, and central government salaries, wages and pensions were directed to be disbursed in advance.
September 25, 2026
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Alternative fuel transition promotes ethanol, electric and hydrogen mobility to reduce imports, pollution, and strengthen farm income.
Alternative-fuel and public-transport measures seek to reduce dependence on imported petroleum, curb air pollution, and support farmer income and employment. Ethanol is positioned as a farm-income source through increased demand and returns for maize growers, alongside electricity, hydrogen and waste-derived CNG. Development and introduction of flex-fuel vehicles, using engines capable of operating on ethanol, electric tractors, hydrogen-powered vehicles and hydrogen buses form part of a cleaner-mobility strategy.
September 25, 2026
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Foreign-exchange market intervention expectations supported rupee appreciation amid improved risk sentiment, while importer demand and crude prices constrained gains.
Foreign-exchange market conditions supported a 19-paise appreciation of the rupee to 95.80 against the US dollar, aided by improved global risk sentiment and expectations of Reserve Bank intervention. Dollar demand from importers, high crude prices and US dollar strength constrained gains. Lower crude prices and dollar weakness could support the rupee, while geopolitical escalation may create pressure. Market participants expected intervention if the currency weakened toward 96.
September 25, 2026
Show AI Summary
Credit health assessment combines score, repayment history, utilisation, accounts and enquiries to support informed borrowing and profile monitoring.
Credit health is broader than a numerical credit score and encompasses the way credit has been managed over time. Credit analysis requires a combined review of the score, repayment history, credit accounts, credit utilisation, credit history and credit enquiries. A credit report may identify management of EMIs and credit-card dues, existing borrowing obligations, use of revolving credit relative to available limits, and recent lender checks associated with credit applications. Incorrect or unfamiliar entries may be reviewed and, where necessary, raised with the relevant lender or credit bureau.
September 25, 2026
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Fuel-price mitigation measures use tax reductions, targeted subsidies and energy-security policies to ease pressure on households and energy-intensive industries.
European fuel-price intervention combines targeted subsidies, fuel-tax reductions, temporary regulatory flexibilities and energy-security investment to moderate the economic effects of sharply higher gasoline and diesel prices caused by disrupted supplies. Member States have temporary discretion to grant state aid to households and energy-intensive sectors, including agriculture, transport and fishing, and limited flexibility under EU spending rules for investments that improve energy security and reduce dependence on imported fossil fuels.
September 25, 2026
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AI management certification anchors responsible lifecycle governance, transparency, accountability, security, and human oversight for agentic loyalty systems.
ISO/IEC 42001:2023 certification applies to an Artificial Intelligence Management System governing AI development, deployment, oversight and continual improvement within the GRAVTY platform. The framework supports AI-related risk management, responsible governance, transparency, accountability, security and human oversight throughout the AI lifecycle. Its scope includes supervised and unsupervised learning models and large language models supporting personalised engagement, fraud management, loyalty intelligence, autonomous decision-making, operational automation and workflow support.
September 25, 2026
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Digital warehousing controls propose electronic tracking, secure transport, monthly returns, and risk-based compliance verification for warehoused goods.
Draft Warehousing Operations Regulations, 2026 would require public and private warehouse licensees to use the electronic portal and a digital warehouse management system for receipt, storage, transfers, removals and accounting of warehoused goods. Transport would generally require a one-time-lock and transit-risk insurance, subject to specified exemptions. Licensees would verify locks and goods, report discrepancies, maintain auditable electronic records, submit monthly returns, and permit removals for home consumption or export only upon electronic clearance orders. Non-confirmation, discrepancies and contraventions would trigger information demands, risk-based verification and action under the Customs Act.
September 25, 2026
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Technology risk governance requires banks to retain accountability, test resilience, and govern artificial intelligence before scaling financial services.
Technology risk governance must treat technology architecture as a first-order enterprise risk, alongside conventional financial risks, because the availability and integrity of core banking, payments, onboarding, credit, fraud-monitoring and reporting systems determine whether customers can access essential financial services. Banks may outsource technology functions but retain accountability for access controls, concentration, recoverability, data protection and exit options. Effective resilience requires secure architecture, asset visibility, timely remediation of vulnerabilities and legacy systems, identity and access management, effective controls, third-party oversight, post-incident learning, and regular recovery testing.

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2025 carandbike Awards: Skoda Kylaq, Bajaj Freedom Take Top Honours

March 13, 2025

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Mumbai, Maharashtra, India (NewsVoir) The 2025 Car of the Year has been awarded to the Skoda Kylaq and the 2025 car&bike Motorcycle of the Year is the Bajaj Freedom. Since its inception in 2006, the car&bike Awards have grown to clearly stand out amongst the clutter of automotive awards in India, by being the most scientifically judged and fair. Two separate juries of eminent, experienced, and multi-skilled jurors evaluated and judged the two product categories: cars and bikes.

The 2025 car&bike Awards and Jury Round was spearheaded by car&bike Editor-in-Chief Girish Karkera. The car jury also included International Racing Driver Parth Ghorpade, Auto Expert Bhuvan Chowdhary, car&bike Senior Editor Shams Raza Naqvi and car&bike Assistant Editors Seshan Vijayraghavan and Bilal Firfiray.

The two-wheeler jury was led by car&bike Senior Editor Preetam Bora, and included Two-Wheeler Expert & Content Creator Sagar Sheldekar, Former Auto Journalist and Head of Business, BigRock Dirt Park, Ashok George, Motorcycle Expert Pushkar Patil, Auto Expert Ogden Fernandes, car&bike Assistant Editor Janak Sorap, along with actor and auto enthusiast Satyadeep Mishra.

“Last year was a significantly challenging one for the automotive industry. But the juggernaut didn’t slow down as the Indian auto industry continued to churn out numbers on the sales chart. With more new models launched we even had a bigger challenge to pick the best ones. But thanks to our experienced jury and our audit partners we were able to ensure the deserving get their due. Not necessarily populist but definitely credible,” said Girish Karkera, Editor-in-Chief, car&bike.

To pick the best designs amongst the scores of nominations, a third exclusive jury for design included Director and Dean of Strate School of Design, Thomas Dal, Co-founder of Studio34 Designart, Aashish B. Chaudhary and Owner of C Design, Punit Chaphekar.

The winners were selected among nearly 60 nominations which were put through stringent assessments by the two juries at the Madras International Circuit, Chennai. After a thorough and elaborate assessment, followed by voting, the winners were chosen, with the votes and data being validated by Divergent Insights, the validation partners.

The awards ceremony was held at JW Marriott, Aerocity, New Delhi, amidst a gathering of some of the most illustrious leaders of the Indian Automobile industry. Winners of the top honours, including Car of the Year, Motorcycle of the Year and Scooter of the Year, among others, were felicitated during the awards ceremony.

The car&bike Awards also have the distinction of having India’s most voted for Viewers’ Choice categories. The car&bike Viewers’ Choice Car, Motorcycle of the Year are sought-after trophies at each year’s event. The 2025 car&bike Awards Viewers’ Choice Car of the Year is the Mahindra Thar Roxx, car&bike Viewers’ Choice Motorcycle of the Year is the Hero Xtreme 125R. At the Special Citations category, the 2025 car&bike Manufacturer of the Year is Tata Motors and the 2025 car&bike Engine of the Year goes to the Nissan X-Trail.

Full List of Winners CATEGORY OVERALL WINNERS CARS Car of the Year Skoda Kylaq Urban Car of the Year Maruti Suzuki Swift Subcompact SUV of the Year Skoda Kylaq Urban EV of the Year (under 25 L) MG Windsor Subcompact Sedan of the Year Honda Amaze Compact SUV of the Year Citroen Basalt Exotic Car of the Year (Imports) Aston Martin Vantage Family Car of the Year Kia Carnival Luxury Car of the Year BMW 5 Series LWB Luxury EV of the Year Mercedes-Maybach EQS 680 Off-Roader of the Year Mahindra Thar Roxx Performance Car of the Year Mercedes-AMG C63 S E Performance Premium Car of the Year Toyota Camry Premium EV of the Year (25-75 L) BYD Seal Upgrade of the Year (Car) Hyundai Alcazar Facelift Design of the Year (Car) Mercedes-AMG C63 S E Performance TWO-WHEELERS Motorcycle of the Year Bajaj Freedom Commuter Motorcycle of the Year Bajaj Freedom Electric Two-Wheeler of the Year Ather Rizta Scooter of the Year TVS Jupiter Roadster Motorcycle of the Year Royal Enfield Guerrilla 450 Adventure Motorcycle of the Year (Upto 500 cc) Kawasaki KLX 230 Adventure Motorcycle of the Year (Above 500 cc) BMW R 1300 GS Modern Classic Motorcycle of the Year Royal Enfield Goan Classic 350 Scrambler Motorcycle of the Year Royal Enfield Interceptor Bear 650 Performance Motorcycle of the Year Ducati Hypermotard 698 Mono Upgrade of the Year (Two-Wheeler) 2024 TVS Apache RR 310 Design of the Year (Two-Wheeler) Suzuki GSX-8R VIEWERS’ CHOICE car&bike Viewers’ Choice Car of the Year Mahindra Thar Roxx car&bike Viewers’ Choice Two-Wheeler of the Year Hero Xtreme 125R SPECIAL CITATIONS Manufacturer of the Year Tata Motors Engine of the Year Nissan X-Trail (Disclaimer: The above press release comes to you under an arrangement with Newsvoir and PTI takes no editorial responsibility for the same.). PTI PWR PWR

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